XXF Group Sells and Leases Back Assets for RMB5.8 Million

Reuters12-01

XXF Group Sells and Leases Back Assets for RMB5.8 Million

XXF Group Holdings Ltd. has announced the completion of a sale and leaseback transaction involving certain automobiles. Under the agreement, XXF Group and its subsidiaries will transfer the vehicles to a lessor for a total consideration of approximately RMB5.8 million and lease them back for 48 months with total rent of around RMB6.4 million. The transaction is not expected to result in any material accounting gain or loss, with the leased assets remaining on the Group's balance sheet.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. XXF Group Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251201-11937947), on December 01, 2025, and is solely responsible for the information contained therein.

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